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Commercial Hotel in Gandhinagar, Gujarat

Gandhinagar, Gujarat

This commercial property in Gandhinagar, Gujarat is up for auction by State Bank of India, at a reserve price of ₹23.06 Cr. The stated extent is 1,531 sq m. An earnest-money deposit of ₹2.31 Cr is due by 27 Oct 2026, 05:00 PM IST. Bidding opens on 27 Oct 2026, 12:00 PM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.

Reserve price
₹23.06 Cr
Auction starts
27 Oct 2026, 12:00 PM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹23.06 Cr
EMD amount₹2.31 Cr
Auction starts27 Oct 2026, 12:00 PM IST
Auction ends27 Oct 2026, 05:00 PM IST
EMD deadline27 Oct 2026, 05:00 PM IST
Inspection17-10-2026 14:00 – 17-10-2026 16:00
BankState Bank of India
BranchSARB AHMEDABAD-05181
Property typeCommercial
Sub typeHotel
Extent1,531 sq m
PIN code382424
StatusUpcoming
Bank property IDSBIN40542604087
Type of auctionUnder SARFAESI
PossessionPhysical
LocalityChandkheda, Gandhinagar-382424, Gujarat.
Borrower addressMOHANDAS SONS BUILDERS D601, Sai Simran Residency, Opposite Saundarya Green Bungalows, TP 44 Chandkheda-382424 Gandhinagar, Gujarat.
Authorised officerSAURABH SRIVASTAVA (Authorised Officer - Scale - V - AGM)
Inspection contactVILAS VAISHNAV · 8490872107
Bid increment₹100,000
Auto-extensionExtends 10 min on a bid in the last 10 min
EMD window opens30 Sep 2026, 15:22
Loan availableYes
VillageChandkheda
Taluka / tehsilSabarmati
District (sale notice)Ahmedabad

Legal description

Scheme known as "SAI SAPPHIRE SQUARE" ,T.P. Scheme No. 76/B (Chandkheda) situated at Mouje Village Chandkheda, Taluka: Sabarmati, in the district of Ahmedabad and registration sub district Ahmedabad - 2 (Vadaj) within the state of Gujarat.

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This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.